UPC Switzerland snaps up e-fon to strengthen IP telephony business
Cable operator UPC Switzerland, a unit of Liberty Global, is acquiring Zurich-based e-fon, which provides IP telephony services to business customers. The two ...
Tag: Europe
Altice considers appealing AMF rejection of SFR buyout
French market regulator AMF has blocked Altice’s planned buyout of minority shareholders in its cable and telecoms unit SFR. Altice CEO ...
Orange takes control of Groupama Banque, gears up for own-branded bank launch
French incumbent Orange has received all requisite approvals for its acquisition of a 68% stake in Groupama Banque, which will be ...
Tele2 details SKr3bn rights issue to help fund TDC Sweden buy
Swedish telco Tele2’s board of directors has decided on a SKr3bn (US$348.8m) rights issue to fund its acquisition of B2B ...
Telenor Maritime moves to bolster business after Marlink and SpeedCast scale up
Norway’s Telenor Maritime has continued the M&A trend in maritime satcoms through the purchase of Stockholm-based VSAT provider SatPoint AB. Explaining the rationale for the ...
Telia signs €1.5bn RCF to replace existing facilities
Sweden’s Telia has signed a dual tranche €1.5bn (US$1.69bn) revolving credit facility with thirteen banks. The company will use the proceeds ...
Telefónica could open up O2 UK float to customers
Telefónica is considering opening up the IPO of O2 UK to retail investors, Mark Evans, CEO of the British business, has ...
Closed Deals Q3 2016
TelecomFinance compiles closed M&A and financing transactions for each quarter. The Q3 2016 table ran in TelecomFinance Issue 249. TelecomFinance ...
Cellnex enters UK market with €393m Shere purchase
Spanish towerco Cellnex Telecom has agreed to acquire UK-based Shere Group for €393m (US$439.2m) to enhance its Dutch portfolio and launch operations in the UK. Cellnex said ...
Telefónica abandons Telxius IPO due to inadequate valuation
Telefónica (MAD:TEF) has called off the IPO of its infrastructure unit Telxius following weak demand from investors. In a note, Haitong Research said: “Although ...
